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NSE share market NEWS tomorrow (26 July, 2023). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (26 July, 2023). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 26 July 2023

Idea Cellular was amongst the top gainers, currently trading at 8.75 in NSE with 5.196 times change in volumes and 10.759% change in price. Other gainers included Rbl Bank with 7.12% price change and 3.47 times volumes, Amber Enterprises with 6.487% price change and 5.63 times volumes, Indus Towers with 5.18% price change and 3.203 times volumes, and Adani Green with 4.811% price change and 1.741 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Suzlon Energy was amongst the top losers, currently trading at 18.05 in NSE with 0.149 times change in volumes and -5% change in price. Other losers included Mankind Pharma with -4.714% price change and 0.73 times volumes, Pnb Housing with -4.477% price change and 1.435 times volumes, Kei Industries with -4.26% price change and 3.057 times volumes, and Bajaj Finance with -2.278% price change and 2.62 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

SIS logs 8% rise in net profit to Rs 90 cr aided by increase in revenue. SIS Ltd on Wednesday reported an 8 per cent rise in net profit to Rs 90 crore for the first quarter ended June 30, aided by increase in revenue. The company had posted a net profit of Rs 83 crore in the April-June quarter of the preceding fiscal. Its reven

Cipla Q1 PAT up 45% YoY to Rs 996 crore on strong India, US business. Cipla said that its key asset Lanreotide (hormonal drug) has improved its market share to 18 per cent. And, its focus continues on limited competition launches

Mahindra & Mahindra picks up 3.53% stake in RBL Bank for million. BENGALURU (Reuters) -Indian tech-to-tractor conglomerate Mahindra & Mahindra on Wednesday said it bought a 3.53% stake in private lender RBL Bank for 4.17 billion rupees (.8 million).

Airbus says will support customers amid latest probe in P&W engines. With Pratt & Whitney deciding to inspect around 1,200 engines for certain defects, the country's largest airline IndiGo on Wednesday said it is working closely with the engine maker to assess and minimise any impact on its fleet. IndiGo is the largest cust

ReNew signs pact with Petronas's green unit Gentari for 5GW projects. Gentari is looking to build close to 30 GW in renewable energy capacity by 2030

NCLT gives green signal to Go First to fly aircraft if registered. The tribunal also denied requests of lessors to inspect the leased engines of the aircraft

Qatar fund in talks to buy minority stake in Reliance Retail Ventures. Those investors included KKR & Co and Saudi Arabia's Public Investment Board (see chart). RIL and its associate firms own the rest of the stake in RRVL

PNB Q1 Result: Net soars 307% to Rs 1,255 crore on interest income. Sequentially, the net profit of the Delhi-based public lender jumped 8.3 per cent from Rs 1,159 crore reported in the 2022-23 January-March quarter

Syngene International Q1 net profit increases by 26% to Rs 93 crore. Contract manufacturing services firm Syngene International on Wednesday said its consolidated net profit increased 26 per cent to Rs 93 crore in the June quarter. The company had reported a net profit of Rs 74 crore in the April-June quarter of last fiscal

Unfavourable rains impacts Coca Cola's business, growth outlook intact. It also gained value share in total NARTD (non-alcoholic ready-to-drink) beverages led by share gains in South Korea, India, Australia and Thailand

Boeing loses 9 mn in Q2 as plane maker pushes ahead production increases. Boeing flipped to a USD 149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business. Boeing said it is beginning to increase production of its two most popular airli

Demerger not to affect synergies between ITC's other businesses: Analysts. The proposed demerger of the hotels division of ITC into a separate entity will not affect synergies with other business lines of the conglomerate, according to analysts. The board of ITC on Monday accorded in-principle approval to demerge its hotels busin

Bajaj Finance Q1 results: Net profit climbs to 32% on healthy NII. Guides for 29-31% growth in assets in FY24

NBFC REC posts 21% increase in Q1 profit, gross NPA falls to 4.44%. As compared to last quarter, the profit has slipped marginally by 1 per cent

Shanthi Gears Ltd report 34.8% rise in its PAT for Q1 at Rs 18.12 cr. Gear and gear products maker Shanthi Gears Ltd has reported a 34.8 per cent rise in its profit after tax for the April-June 2023 quarter at Rs 18.12 crore. The Coimbatore-based firm, part of the diversified conglomerate Murugappa Group, had registered a pr

Governance should be front & centre for startups: Tata 1mg co-founder. Startups need to live up to higher standards of corporate governance, and failure of a business is not as big an issue as ethics and morality-related concerns, Tata 1mg co-founder Prashant Tandon said on Wednesday. He advised startups not to get swayed by

BPCL reports profit after tax at Rs 10,644 crore in Q1, beats estimates. Company recorded a loss of Rs. 6,148 crore in the year-ago period

Jindal Stainless pitches for imposition of CVD on stainless steel imports. Consolidated revenue was at Rs 10,183.96 crore, higher by 25.44 per cent as sales volume increased

BlackRock to enter India's asset management sector with Jio Financial JV. JFS and BlackRock are targeting initial investment of 0 million each in the joint venture

Shree Cement Q1 profit doubles to Rs 572.3 crore on a higher revenue. Shree Cement lines up Rs 7,000 cr capex push

Axis Bank Q1 net profit jumps 41% to Rs 5,797 crore, asset quality improves. Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, mentioned that there is a visible improvement in the quality of the deposit franchise

Meta signs MoU with govt's INDIAai for research and collaboration on AI. The MoU was signed by Abhishek Singh, CEO of India AI, and Shivnath Thukral, director and head of public policy, Meta in India

M&M picks up 3.5% stake in RBL Bank for Rs 417 cr, eyes to acquire more. Company says it may consider further investment in the bank to raise its holding up to 9.9%

MRPL in coastal Karnataka becomes India's largest single location refinery. The Mangalore Refinery and Petrochemicals Limited (MRPL), a mini-Ratna CPSE PSU refinery based in coastal Karnataka and a subsidiary of ONGC, has become the single largest PSU-refinery (single location) in the country for the year 2022-23, a release from t

Risk management platform Effectiv raises .5 mn capital in seed funding. Real-time fraud and risk management platform Effectiv on Wednesday said it has secured an additional USD 4.5-million capital in seed funding. It will be used to accelerate the company's growth in helping organisations fight financial fraud, it said. The la

Centre proposes to sell upto 5.36% from its 78.2% stake in Rail Vikas Nigam. The Indian government will sell a stake of up to 5.36% in state-owned Rail Vikas Nigam this week, in a deal that could fetch 13.3 billion rupees (2.12 million), an exchange filing showed

BlackRock to enter India's asset management sector with Jio Financial JV. Move marks re-entry of world's largest asset manager in domestic market

Air India aims to increase annual cargo capacity to 2 mn tonnes in 5 years. Air India on Wednesday said it is aiming for a 300 per cent growth in its annual cargo capacity to two million tonnes with non-stop connections to key export markets globally over the next five years. The belly capacity of the Air India fleet will grow sig

Coca-Cola registers Q1 volume growth in India despite 'challenging' summer. Soft drinks major The Coca-Cola Company on Thursday said it has registered growth in the beverage market in India despite having a challenging summer with rains, its Chairman and CEO James Quincey said. In the June quarter, China was affected due to specif

Schneider Electric withdraws appeal from SAT against Sebi's order. Company will have to follow Sebi's January 2021 directions within six months

Dr Reddy's Laboratories Q1 PAT up 18% to Rs 1,402 cr on India, Russia biz. With cash surplus of Rs 4980 crore, pharma major looking at inorganic opportunities

Nissan to invest up to 600 mn euro in Renault EV unit as part of new pact. The investment in Ampere is consistent with Nissan being a strategic investor and securing a board seat on the new company, Nissan said

Shree Cement to invest Rs 7,000 crore to add 12 million tonnes of capacity. The company has also decided to diversify into ready mix concrete business and will start setting up five RMC units in the country by the end of this financial year

Qatar sovereign fund in talks for minority stake in Reliance Retail. RRVL valued at 0 bn by JM Financial; Reliance group looking to unlock potential of its telecom unit too

Tata Motors applies for PLI benefits for Tiago electric car, says top exec. Company expects get approval for government scheme in 'the next one or two months'

Swiggy enters credit card space, launches co-branded product with HDFC Bank. Card will operate on Mastercard's payment network; rollout in phases on Swiggy app overnext 7-10 days

PNB Q1FY24 results: Net profit up 307% to Rs 1,255.4 cr YoY, GNPAs at 7.73%. PNB's net NPAs also declined to 1.98% in the June quarter from 2.72% in the previous quarter

Myntra plans restructuring to focus on private labels, 50 jobs to be hit. The changes are part of a new strategy deployed by the Flipkart-owned platform Myntra as it plans to focus majorly on select private labels instead of in-house brands

Wipro reduces client base to pursue high-margin deals and profitability. India's fourth-largest IT services firm, Wipro, aims for faster profitability ascent by cutting smaller clients and focusing on bigger revenue opportunities

A new Harrier and Safari! TaMo to revamp line up this festive season. Tata Motors has planned an investment of Rs 8,000 crore in FY24

Global aviation will need 2.3 mn new personnel in 20 years: Boeing study. Commercial aircraft fleets will double in 20 years, says US plane manufacturer in forecast

BPCL Q1FY24 result: Net profit at Rs 10,644.30 cr; revenue down by 7.3%. Sequentially, the net profit was up 54.9%; in Q4FY23, the net profit of the company was Rs 6,870.47 crore

Bajaj Finance Q1FY24 results: PAT rises 32% YoY to Rs 3,437 crore. Bajaj Finance's total revenue from operations grew 34.6% YoY to Rs 12,497.81 crore from Rs 9,284.26 crore

Cipla Q1FY24 result: Net profit at Rs 895.02 crore; revenue up by 12.2%. The company's One-India business grew by 12 per cent YoY. Their US business reported highest-ever revenue of 2 million and 43 per cent YoY growth

GlaxoSmithKline Pharma consolidated Q1 net profit rises 11% to Rs 132 cr. GlaxoSmithKline Pharmaceuticals on Wednesday said its consolidated net profit increased by 11 per cent to Rs 132 crore for the first quarter ended June 30. The drug maker had reported a net profit of Rs 119 crore in the April-June quarter of the last fisca

Simpl introduces 'pay after delivery' option to enhance trust of customers. Consumers can choose the Simpl pay after delivery (SPAD) feature at the time of checkout, which triggers payment only upon successful delivery of the shipment

Tech Mahindra Q1FY24 results: Net profit falls 38.8% YoY to Rs 692.5 crore. At the end of the quarter, the company's headcount stood at 148,297. It was down 4,103 as compared to the March quarter

Lupin's subsidiary, Generic Health gets Tiotropium 18 micrograms approval. The company has received the approval from Therapeutic Goods Administration (TGA)

Lectrix EV plans to raise Rs 500 cr, launches new e-scooter at Rs 1.03 lakh. Lectrix EV, the electric mobility arm of SAR Group, on Wednesday said it plans to raise up to Rs 500 crore next year to launch new products and expand operations in the country. The company, which on Wednesday launched its latest electric scooter in two tr

Teamlease sees drop in profit again as rising costs, IT slowdown bite. The company, which hires and trains people in various skills before supporting their placements, said consolidated net profit fell 0.5% to 264 million rupees (.22 million) in the April-June quarter

Deepak Fertilisers & Petrochem Corp Q1 profit down 74% to Rs 114 cr. Deepak Fertilisers and Petrochemicals Corporation on Wednesday reported 74 per cent decline in consolidated net profit to Rs 113.62 crore for the first quarter of this fiscal year. Its net profit stood at Rs 435.66 crore in the year-ago period. Total incom

Dr Reddy's Labs Q1FY24 results: Net profit up 18% YoY to Rs 1,402.5 cr. As compared to Rs 959.2 crore in the quarter that ended on March 31, the net profit was up 46%

Embassy Office Parks REIT Q1 net operating income up by 9% at Rs 738 cr. Embassy Office Parks REIT on Wednesday reported 9 per cent increase in net operating income to Rs 737.6 crore for the first quarter of this fiscal year and declared distribution of Rs 510 crore to the unitholders. Net operating income (NOI) stood at Rs 67

Axis Bank Q1FY24 results: Net profit up 40.5% YoY, gross NPAs down to 1.96%. Axis Bank's balance sheet grew 13% YOY and stood at Rs 1.3 trillion as on June 30

BHEL synchronises Unit-2 of Maitree thermal power project in Bangladesh. State-owned engineering firm Bharat Heavy Electricals on Wednesday announced synchronisation of 660-MW unit-2 of the 1,320-MW Maitree Super Thermal Power Project (STPP) with the electricity grid in Bangladesh. Synchronisation of a thermal power plant means

REC posts 21% rise in Q1 profit aided by interest income on loan assets. Interest income on loan assets, which accounts for 94.4% of revenue from operations, rose nearly 13% to Rs 10,465 cr

Indian Metals & Ferro Alloys Q1 net profit falls 17.8% to Rs 110 cr. Indian Metals & Ferro Alloys Ltd (IMFA) on Wednesday posted a 17.80 per cent fall in its net profit to Rs 110 crore in the June 2023 quarter on lower income. It had posted a net profit of Rs 133.83 crore in the year-ago period, the company said in a statem

Mahindra Lifespace reports consolidated net loss of Rs 4 cr loss for Q1. Mahindra Lifespace Developers on Wednesday reported a consolidated net loss of Rs 4.27 crore for the first quarter of this fiscal year on lower income and higher expenses. The company posted a net profit of Rs 75.70 crore for the year-ago period. Total inc

Foxconn, chip giants head to Modi's home state for India conference. India wants to establish itself as a semiconductor manufacturing hub, rivaling the likes of Taiwan, and the high demand for chips means the local market will be worth billion by 2028

Tata Consumers Q1FY24 result: Net profit at Rs 285.45 cr; revenue up 11.5%. The company's coffee business in Q1FY24 continued its strong performance with a revenue growth of 21% YoY

Working with Pratt & Whitney amid latest engine probe, says IndiGo. NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any potential impact on its fleet, after a warning from the U.S. engine maker spooked global airlines.

Qatar sovereign fund in talks for billion stake in Reliance Retail. Qatar's sovereign wealth fund is in early discussions to buy a minority stake in billionaire Mukesh Ambani's rapidly expanding retail unit for about USD 1 billion (Rs 8,200 crore), sources said. The Qatar Investment Authority is keen on tapping the fast-gr

DGCA suspends licences of two IndiGo pilots for violating safety norms. Aviation regulator DGCA has suspended the flying licences of two IndiGo pilots for violating safety norms as the aircraft they operated suffered a tail strike while landing at the Ahmedabad airport last month, according to a senior official. The senior off

IoTechWorld Avigation gets DGCA certification for new agri-drone model. Agri-drone maker IoTechWorld Avigation on Wednesday said it has received certificate from Directorate General of Civil Aviation (DGCA) for its new indigenous product 'AGRIBOT A6' which is more advanced and compact than previous model. In a statement, Gurug

Triveni Engineering Q1 consolidated net profit up marginally at Rs 67.61 cr. Triveni Engineering & Industries Ltd -- which is into sugar, ethanol and engineering businesses -- has reported a marginal increase in its consolidated net profit to Rs 67.61 crore for the quarter ended June. Its net profit was Rs 66.45 crore in the year-a

Jindal Stainless posts 50% jump in Q1 profit on robust domestic demand. Domestic sales grew 54% year-on-year owing to the pre-festive season demand, which picked up in consumer segments, the company said in a statement

Tata Motors to cancel 'A' ordinary shares in latest securities rejig. The company will issue seven ordinary shares for every 10 'A' ordinary shares, implying a 23% premium on the previous day's closing level of 'A' ordinary shares, Tata Motors said

Bright strokes for Asian Paints as profit soars 52% to Rs 1,550 crore. On a quarter-on-quarter (QoQ) basis, the company's net sales rose by 4.6 per cent, and net profit increased by 25.6 per cent

CEAT logs near 16-fold jump in profit in Q1 on higher demand, fall in costs. Indian tyremaker CEAT posted a near 16-fold jump in profit boosted by strong demand and drop in raw material costs

Auxilo Finserve raises Rs 470 cr; to expand loan base, product offerings. The company stated that it has funded over 7,500 students across over 900 universities in over 25 countries

India suspends another drugmaker's licence over tainted cough syrup. India has suspended a drugmaker's manufacturing licence after the World Health Organization flagged contamination in its cough syrups found in the Mashall Islands and Micronesia in April

India's Cyient posts Q1 profit jump but misses estimates as costs rise. Cyient Ltd reported a 45% rise in quarterly profit that just missed analysts' estimates as rising expenses at the engineering and IT services company offset strong order pipeline

Ethanol distilleries rework output plans as FCI halts rice supply. Gulshan Polyols informed the stock exchange that production at its 500 kiloliters per day grain-based ethanol manufacturing plant in Chhindwara district of MP would be disrupted for a few days

Tata Motors rides on JLR to see 42% surge in revenue; posts Rs 3,200 cr net. Outlines Rs 38K crore capex for the year

General Motors Q2 profit up 52% on strong sales, confirms new Chevy Bolt EV. Despite taking on a huge chunk of an expensive electric vehicle recall, General Motors posted USD 2.54 billion in second-quarter net income, a 52 per cent increase over a year ago. Continued strong vehicle sales and pricing, as well as cost cuts, led to th

Delta Corp posts 19% higher profit on sustained casino gaming demand. Revenue from its mainstay casino gaming division rose about 11%, helping net sales climb nearly 9% to 2.73 billion rupees

UTI AMC logs over two-fold jump in Q1 profit after tax to Rs 234 cr. UTI Asset Management Company on Tuesday reported a more than two-fold jump in profit after tax to Rs 234 crore in the June quarter. The company had posted a profit after tax of Rs 92 crore in the same quarter in the preceding fiscal, UTI AMC said in a regu

L&T gets board nod for Rs 10K cr share buyback; Q1 profit surges 46.5% YoY. The board also decided to give a special dividend of Rs 6 per share, which company executives said is to mark A M Naik's tenure at L&T

Expect sales to rise 25% in FY24 to nearly Rs 1,200 crore, says Aequs. The company supplies components for landing gear, engines, fuselage, and wings to top aerospace companies such as Airbus, Boeing, Safran, and Collins Aerospace

India growth is competitive in dynamic market, says Unilever CFO. In the Q1FY24 results announced last week, HUL reported a volume growth of 3 per cent

Adani shares jump, adds Rs 50,501 cr in market capitalisation in 1 day. Billionaire Gautam Adani's ports to power conglomerate added over Rs 50,501 crore in market capitalisation in a single day on Tuesday as shares of all the 10 listed group companies surged on renewed interest from domestic investors. The overall market capi

KPIT Technologies reports 53% jump in Q1 net profit to Rs 134 crore. Auto industry-focused KPIT Technologies on Tuesday reported a 53.36 per cent jump in net profit to Rs 134.44 crore in the June quarter, helped by higher revenue from operations. The Pune-based company's revenue from operations grew over 60 per cent to Rs 1

Walmart, Flipkart join hands with Telangana govt to upskill, support MSMEs. Walmart and Flipkart on Tuesday announced the signing of a Memorandum of Understanding (MoU) with Telangana government to create an ecosystem to aid capacity building for MSMEs in the state. The pact was signed in the presence of Telangana government's Ind

SpiceJet aircraft's engine catches fire during maintenance at Delhi airport. An engine of a grounded SpiceJet Q400 plane caught fire at the Delhi airport on Tuesday evening, and the aircraft and maintenance personnel are safe, according to officials. A SpiceJet spokesperson said a fire warning was observed in an engine of the Q400

Mondelez India to expand its manufacturing plant in Andhra Pradesh. Snack company Mondelez India is expanding its manufacturing plant's capacity at Sri City in Tirupati district and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy virtually took part in the foundation stone-laying ceremony on Tuesday. With an investment

Tata Steel expects lower steel prices in July-September quarter: CEO. The company, backed by India's Tata Group, sees Indian steel industry prices in line with prices globally and not impacted by aggressive imports, Narendran said

Supreme Court gives SpiceJet more time to pay dues to Credit Suisse. In 2011, the airline company had entered into a 10-year contract with a Swiss maintenance firm SRT Technics for the servicing of its aircraft

AI startup ZYBER 365 secures 0 mn in funding led by SRAM & MRAM. AI Start-up ZYBER 365 has secured USD 100 million (around Rs 818.7 crore) in Series A funding led by UK-based SRAM & MRAM Group, valuing the company at USD 1.2 billion, a statement said on Tuesday. The latest funding has earned the Web3, AI startup a unico

CEAT Q1 net profit increases 15-fold on dip in raw material prices. During the Q1 of FY24, the company's total income was also seen up by 4 per cent to Rs 2,938 crore against Rs 2,821 crore during the Q1 of FY23

HCLTech announces launch of its global delivery center in Morocco. The launch follows the signing of a MoU between HCLTech and the Government of Morocco in 2022 to invest in the country's technology sector

Walmart shares seen gaining 30% in next year after 0 bn rally: Report. Walmart is expected to report fiscal second-quarter results before the market opens August 17

SBI Life Insurance Q1 results: Net profit rises 45% to Rs 380 crore. New Business Premium (NBP) has grown by 11% to Rs 6210 crore in Q1 FY 24 aided by growth in single premium business by 18%

IT services firm HCLTech launches global delivery center in Morocco's Rabat. IT services company HCLTech on Tuesday launched its Global Delivery Center (GDC) in Rabat, Morocco, to drive transformation projects to clients across portfolio themes of digital, engineering, cloud, AI and software. The centre is HCLTech's first facility

Grounded SpiceJet aircraft's engine catches fire at Delhi airport. Airline has taken 'suitable maintenance action', says DGCA after checking its fleet

Mindspace REIT net operating income rises by 14% to Rs 457 cr in Q1. Mindspace Business Parks REIT on Tuesday reported a 14 per cent increase in its net operating income at Rs 457 crore in the first quarter of this fiscal and declared to distribute an amount of Rs 284.6 crore to unitholders. The net operating income stood a

Air India launches new programme to simplify purchased cabin upgrades. Air India passengers can choose these upgrades to premium cabins between 72 hours and 12 hours before a scheduled flight, subject to the availability of seats in the cabin

CAIT and WhatsApp to digitally train and upskill 10 million local traders. The partnership's goal is to localize digitization efforts to unleash growth opportunities for businesses with hyper-local digital trainings in 11 Indian languages across all 29 Indian states

Over a dozen employees at realme India quit to join former CEO Sheth. Over a dozen employees, including some senior executives, are learnt to have resigned from smartphone maker realme India, two sources aware of the development said. Both sources confirmed that the employees have quit to join former realme CEO Madhav Sheth

ITC with India Post launch postal stamp to promote awareness on millets. Conglomerate ITC on Tuesday in collaboration with the Department of Post released a special postal stamp to raise awareness on millets. The stamp was released here by Minister of State for Agriculture and Farmers' Welfare Kailash Choudhary, in the presence

TPDDL clocks highest peak power demand of 2,182 MW this season so far. Amid humid weather, power discom TPDDL clocked its highest peak demand of power in this season so far on Tuesday afternoon, the company said. Tata Power Delhi Distribution Limited (TPDDL), which has a customer base of 1.9 million in North Delhi, successful

Latest stock market News for tomorrow Access previous news reports: 597598599600601602603604605606607608609610611612613614615

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